Author: Vitaliy Dadalyan

Coronavirus Latest: Wednesday, September 30

On Wednesday, Quest Diagnostics announced that it had a three-in-one test ready to test for both coronavirus and regular strains of flu for the winter months. This comes as a study found Moderna’s vaccine to be safe and effective for older adults and Regeneron’s coronavirus antibody cocktail had strong positive data results. Yahoo Finance’s Anjalee Khemlani joins The Final Round to discuss the latest on the coronavirus....

NextEra Energy CEO rules out hostile M&A after offer to Duke Energy

Duke Energy, which has a market capitalization of $65 billion, has rebuffed NextEra's acquisition interest, according to a person familiar with the matter who confirmed a Wall Street Journal report about the approach that was published on Tuesday. Speaking at a Wolfe Research conference on Wednesday, Robo declined to comment specifically on NextEra's approach to Duke, but said that major acquisitions in his industry could only happen if the companies involved worked co-operatively....

Drone Footage Shows Tesla's Rapid Progress On Texas Gigafactory

Tesla Inc (NASDAQ: TSLA) has dedicated fans, and CEO Elon Musk regularly responds to questions and comments from customers on Twitter.People have received permission from Musk to use drones to record and share the progress of new Gigafactory construction.A new video recorded Sept. 29 shows the status of the construction of Gigafactory Texas. The video shows a new, large pit being excavated and supports for large pillars being installed.Benzinga's Take: While factory progress is not normally monitored so closely, it does seem that Tesla is completing this project quickly.Tesla estimates the "first substantial completion" date will be May 1, meaning Tesla could then start testing its Cybertruck production lines. Screenshot via Joe Tegtmeyer on YouTube. See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Tesla Could Soon Use Cobalt-Free LFP Batteries In China-Made Model 3s * Tesla Semi Spotted Hauling...